Short Interest in AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Expands By 98.8%

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADRGet Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 165 shares, an increase of 98.8% from the June 15th total of 83 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,372 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC grew its stake in AdvisorShares Dorsey Wright ADR ETF by 170.9% in the third quarter. Integrated Wealth Concepts LLC now owns 32,205 shares of the company’s stock valued at $2,794,000 after purchasing an additional 20,316 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 84.8% during the 3rd quarter. Raymond James Financial Inc. now owns 26,835 shares of the company’s stock valued at $2,328,000 after buying an additional 12,315 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of AdvisorShares Dorsey Wright ADR ETF during the 4th quarter valued at about $861,000. Jane Street Group LLC bought a new stake in shares of AdvisorShares Dorsey Wright ADR ETF in the 1st quarter valued at approximately $509,000. Finally, LPL Financial LLC grew its stake in shares of AdvisorShares Dorsey Wright ADR ETF by 19.2% in the 4th quarter. LPL Financial LLC now owns 16,601 shares of the company’s stock valued at $1,432,000 after buying an additional 2,673 shares in the last quarter.

AdvisorShares Dorsey Wright ADR ETF Stock Performance

AdvisorShares Dorsey Wright ADR ETF stock opened at $82.50 on Friday. AdvisorShares Dorsey Wright ADR ETF has a 52 week low of $76.84 and a 52 week high of $98.38. The firm has a market capitalization of $41.25 million, a price-to-earnings ratio of 13.70 and a beta of 0.93. The company has a 50 day moving average price of $83.93 and a 200 day moving average price of $86.84.

AdvisorShares Dorsey Wright ADR ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Tuesday, June 23rd were issued a $0.4358 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $1.74 dividend on an annualized basis and a dividend yield of 2.1%.

AdvisorShares Dorsey Wright ADR ETF Company Profile

(Get Free Report)

The AdvisorShares Dorsey Wright ADR ETF (AADR) is an exchange-traded fund that is based on the BNY Mellon Classic ADR index. The fund is an actively managed ETF that aims to outperform the international markets outside the US by holding ADRs with high relative strength. AADR was launched on Jul 20, 2010 and is managed by m.

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